Showing 1 - 10 of 267
Are natural resources a 'curse' or a 'blessing'? The empirical evidence suggests either outcome is possible. The paper surveys a variety of hypotheses and supporting evidence for why some countries benefit and others lose from the presence of natural resources. These include that a resource...
Persistent link: https://www.econbiz.de/10010270490
The paper reviews recent literature on the economics of migration and diasporas, focusing on economic gains and opportunities that these diasporas could represent for home countries. In addition, the paper discusses policies aimed at leveraging this "diaspora capital"
Persistent link: https://www.econbiz.de/10012841140
This paper provides new evidence on the stochastic behaviour of the EPU (Economic Policy Uncertainty (EPU) index constructed by Baker et al. (2016) in six of the biggest economies (Canada, France, Japan, US, Ireland, and Sweden) over the period from January 1985 to October 2019. In particular,...
Persistent link: https://www.econbiz.de/10012833734
This paper explores the impact of credit market on the entrepreneurs and demand for credit in a credit constrained economy and the resultant impact on the capital flows. In standard trade models the capital flows across countries are explained as a result of the rate of return differentials due...
Persistent link: https://www.econbiz.de/10012824582
When other measures for material welfare are scarce or unreliable, the use of average stature and body mass index (BMI) values is common. BMI reflects the current difference between calories consumed, calories required for work, and to withstand the physical environment. This study evaluates...
Persistent link: https://www.econbiz.de/10012826046
This paper analyzes the optimal tax system consisting of the tax rate and the capacity of the tax administration. I challenge the conventional wisdom that tax rates and tax administrations' capacity are complements showing that their relationship depends on a country's level of development....
Persistent link: https://www.econbiz.de/10012846675
increasingly affecting the rest of the world not just its neighbors and main trading partners. In addition, F&D examines a variety … of topics that are particularly relevant as the world struggles to shake off the crisis. Alan Blinder and Mark Zandi look … how the recession affected several individuals around the world. This issue of F&D profiles Princeton economic theorist …
Persistent link: https://www.econbiz.de/10014402513
luminaries tasked with generating ideas on how to make the global monetary system more stable in the wake of the world financial …
Persistent link: https://www.econbiz.de/10014402622
Crisis Stalls Globalization: Reshaping the World Economy"" examines the multiple facets of the recession-from the …
Persistent link: https://www.econbiz.de/10014403399
'Africa: Making Its Move' explores some of the obstacles facing sub-Saharan Africa as it attempts to capitalize on changes that offer fresh opportunities for growth and poverty reduction. The lead article describes the changes and suggests how Africa can build on them to progress further. Other...
Persistent link: https://www.econbiz.de/10014403400